Overview
- The IMF’s governance diagnostic says entrenched corruption and weak institutions are undermining Pakistan’s economy, with publication of the report required for the next $1.2 billion disbursement.
- The opposition alliance TTAP demanded formal investigations and accused the administration of keeping the assessment under wraps for three months.
- Opposition leaders said no substantive rebuttal has come more than 48 hours after the report’s release, increasing pressure on the government.
- The IMF outlines a 15-point reform plan that includes ending special treatment for select public entities, tighter fiscal limits with stronger parliamentary oversight, and streamlined anti-corruption bodies.
- The assessment estimates that reforms launched within three to six months could lift five-year growth by about 5%–6.5%, as opposition figures also allege Rs5.3 trillion in irregularities and cite judicial weaknesses that deter investment.